The Central Bank of Nigeria (CBN) has assured bank customers that it would monitor commercial banks to ensure legitimate Foreign Exchange (FX) demands of customers are met....
By EMMANUEL ONYEBEKE, Lagos The latest Central Bank of Nigeria’s (CBN) decision to stop the sale of FOREX to Bureau De Change (BDC) operators...
The Central Bank of Nigeria (CBN) has henceforth stopped selling foreign exchange to Bureau De Change (BDCs), attributing the decision to illicit transactions perpetuated by...
The Central Bank of Nigeria (CBN) on Friday October 4, 2019, made an intervention of $311.5million in the retail Secondary Market Intervention Sales (SMIS) and CNY...
President Muhammadu Buhari President Muhammadu Buhari says the directive to the Central Bank of Nigeria to stop providing foreign exchange for food importation was to improve...
The interbank segment of the Foreign Exchange Market has received a fresh boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded...
The Central Bank of Nigeria (CBN) has injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday,...
